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3 Dollars

Issuer Cook Islands Monetary Board
Year 1992
Type Standard circulation banknote
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Reverse description The reverse centres on a vignette of a Christian church at Avarua, Rarotonga, set within a decorative guilloche border. Tahiti gardenias (Gardenia taitensis) are illustrated in the foreground, rendered in detailed intaglio. The bilingual legal tender inscription runs along the lower margin in both English and Cook Islands Maori, with the numeral 3 and the denomination repeated at each end.
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Protection type Watermark
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Comments

The Cook Islands Monetary Board issued this note under the territory's unusual arrangement — Cook Islands uses the New Zealand dollar as its primary circulating currency, making domestically issued Cook Islands dollars a parallel system that functions legally but rarely sees ordinary transactional use. Most notes from this board end up in collector hands rather than tills.

The 3-dollar denomination is itself a deliberate oddity, chosen partly to attract philatelic interest. De La Rue's production quality is consistent with their Pacific regional work of the period, though the watermark security on this series is relatively minimal by contemporary standards.

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